Leading stock exchange BSE will launch trading in the commodity derivatives segment from October, and will focus on non-agri products to start with, a senior official said. Markets watchdog Securities and Exchange Board of India (Sebi) on 28 December last year had announced that from coming October, the country would have a unified exchange regime wherein stock exchanges would be allowed to offer trading in commodities derivatives.

“The BSE will begin commodity exchange from October 1,” its managing director and chief executive Ashish Chauhan today said, adding, “We will start with non-agriculture commodities like metals, energy and base metals. We have applied (to Sebi) for non-agri commodities.” Talking to reporters at the launch event of Kotak Securities’ ‘Free Intraday Trading’, an offering for self-directed investors for intra-day trades across cash, futures, and options segments, Chauhan said intra-day traders have played a crucial role in increasing trade volume.

“The first framework was automation, which took volumes by 20-100 times. Then came algorithm trading, then came derivatives – equities, commodities, currencies. Put together, internationally, volumes have increased somewhere between 5,000 and 20,000 times in the last 25 years, with most of them coming from intra-day traders,” he said.

Chauhan added that “robo advisory” will take off with softwares automatically deciding things, placing orders, etc. “It might take off as smaller brokers are not making good money from trading businesses, so they are trying to shift into other areas with more margins like mutual funds, brokering for properties, insurance,” he said.

Kotak Securities’ FIT, available at an annual subscription fee of Rs 999, is expected to double its customer base in 18 months, according to its managing director and chief executive officer Kamlesh Rao. It will also offer BSE StAR MF platform for retail investors to directly invest in mutual fund schemes.

Leading stock exchange BSE will launch trading in the commodity derivatives segment from October, and will focus on non-agri products to start with, a senior official said.

Leading stock exchange BSE will launch trading in the commodity derivatives segment from October, and will focus on non-agri products to start with, a senior official said. Markets watchdog Securities and Exchange Board of India (Sebi) on 28 December last year had announced that from coming October, the country would have a unified exchange regime wherein stock exchanges would be allowed to offer trading in commodities derivatives. “The BSE will begin commodity exchange from October 1,” its managing director and chief executive Ashish Chauhan today said, adding, “We will start with non-agriculture commodities like metals, energy and base metals. We have applied (to Sebi) for non-agri commodities.” Talking to reporters at the launch event of Kotak Securities’ ‘Free Intraday Trading’, an offering for self-directed investors for intra-day trades across cash, futures, and options segments, Chauhan said intra-day traders have played a crucial role in increasing trade volume. “The first framework was automation, which took volumes by 20-100 times. Then came algorithm trading, then came derivatives – equities, commodities, currencies. Put together, internationally, volumes have increased somewhere between 5,000 and 20,000 times in the last 25 years, with most of them coming from intra-day traders,” he said. Chauhan added that “robo advisory” will take off with softwares automatically deciding things, placing orders, etc. “It might take off as smaller brokers are not making good money from trading businesses, so they are trying to shift into other areas with more margins like mutual funds, brokering for properties, insurance,” he said. Kotak Securities’ FIT, available at an annual subscription fee of Rs 999, is expected to double its customer base in 18 months, according to its managing director and chief executive officer Kamlesh Rao. It will also offer BSE StAR MF platform for retail investors to directly invest in mutual fund schemes.

BSE to launch commodity derivatives trading from 1 October

Market benchmark Sensex surged over 146 points in opening trade today on fresh buying by domestic institutional investors amid a strengthening rupee.

Asian markets were also trading in the green as weaker-than-expected US wage growth helped calm investor fears about rising interest rates and inflation.

Meanwhile, investors digested last week's trade talks between the US and China in Beijing, where consensus emerged on some issues.

The 30-share Sensex rose by 146.18 points, or 0.41 per cent, to 35,061.56 in early trade. The gauge had lost 261.04 points in the previous two sessions.

All the sectoral indices, led by consumer durables, realty, IT, teck and banking, were trading in the green with gains of up to 1.56 per cent.

The broad-based NSE Nifty too rose by 41.55 points or 0.39 per cent to 10,659.80.

Major gainers that supported the recovery were M&M, Bharti Airtel, Bajaj Auto, Infosys, ICICI Bank, Axis Bank, Wipro, Kotak Bank, ONGC, ITC, Tata Steel, SBI, RIL, Tata Motors, L&T and Yes Bank, rising up to 1.76 per cent.

Brokers said buying by domestic institutional investors and retail investors amid a firm trend at other Asian bourses following strong closing on Wall Street led the markets higher.

Meanwhile, domestic institutional investors bought shares worth a net Rs 1,084.09 crore, while foreign portfolio investors sold shares worth Rs 1,628.23 crore on Friday, provisional data showed.

In the Asian region, Hong Kong's Hang Seng was up 0.52 per cent and Shanghai Composite Index rose 1.06 per cent, while Japan's Nikkei shed 0.45 per cent in early trade.

The US Dow Jones Industrial Average ended 1.39 per cent higher in Friday's trade.

The 30-share Sensex rose by 146.18 points, or 0.41 per cent, to 35,061.56 in early trade. The gauge had lost 261.04 points in the previous two sessions.

Market benchmark Sensex surged over 146 points in opening trade today on fresh buying by domestic institutional investors amid a strengthening rupee. Asian markets were also trading in the green as weaker-than-expected US wage growth helped calm investor fears about rising interest rates and inflation. Meanwhile, investors digested last week's trade talks between the US and China in Beijing, where consensus emerged on some issues. The 30-share Sensex rose by 146.18 points, or 0.41 per cent, to 35,061.56 in early trade. The gauge had lost 261.04 points in the previous two sessions. All the sectoral indices, led by consumer durables, realty, IT, teck and banking, were trading in the green with gains of up to 1.56 per cent. The broad-based NSE Nifty too rose by 41.55 points or 0.39 per cent to 10,659.80. Major gainers that supported the recovery were M&M, Bharti Airtel, Bajaj Auto, Infosys, ICICI Bank, Axis Bank, Wipro, Kotak Bank, ONGC, ITC, Tata Steel, SBI, RIL, Tata Motors, L&T and Yes Bank, rising up to 1.76 per cent. Brokers said buying by domestic institutional investors and retail investors amid a firm trend at other Asian bourses following strong closing on Wall Street led the markets higher. Meanwhile, domestic institutional investors bought shares worth a net Rs 1,084.09 crore, while foreign portfolio investors sold shares worth Rs 1,628.23 crore on Friday, provisional data showed. In the Asian region, Hong Kong's Hang Seng was up 0.52 per cent and Shanghai Composite Index rose 1.06 per cent, while Japan's Nikkei shed 0.45 per cent in early trade. The US Dow Jones Industrial Average ended 1.39 per cent higher in Friday's trade.

Sensex gains 146 points on global cues

The key Indian equity indices provisionally closed in the red on Thursday tracking broadly negative global cues.

Market benchmark Sensex broke its four-day winning streak to end over 73 points lower at 35,103.14 as investors chose to trim their positions on weak global cues ahead of talks between China and the US on their trade dispute.

Unabated capital outflows by foreign funds and lower-than-expected quarterly numbers by InterGlobe Aviation and some other companies too added to the caution, brokers said.

Investors kept an eye on high-level talks between China and the US on trade in Beijing today.

Back home, counters such as realty, capital goods, IT, teck, infrastructure, FMCG, consumer durables, oil and gas and auto suffered as participants pulled money off the table.

After opening higher, the 30-share Sensex quickly slipped into the red largely in line with weak Asian cues and hit a low of 35,020.08 before settling at 35,103.14, still down by 73.28 points, or 0.21 per cent.

The index had surged 675.15 points in the past four sessions, spurred by sustained buying by domestic institutional investors (DIIs) and encouraging quarterly earnings by some companies.

The 50-share NSE Nifty slipped below the 10,700-mark and finished at 10,679.65 -- down 38.40 points, or 0.36 per cent. During the day, it shuttled between 10,720.60 and 10,647.45.

Meanwhile, on a net basis, foreign institutional investors (FIIs) sold shares worth Rs 525.93 crore, while DIIs bought shares to the tune of Rs 165.84 crore in yesterday's trade, provisional data showed.

(With inputs from PTI)

Investors kept an eye on high-level talks between China and the US on trade in Beijing today.

The key Indian equity indices provisionally closed in the red on Thursday tracking broadly negative global cues. Market benchmark Sensex broke its four-day winning streak to end over 73 points lower at 35,103.14 as investors chose to trim their positions on weak global cues ahead of talks between China and the US on their trade dispute. Unabated capital outflows by foreign funds and lower-than-expected quarterly numbers by InterGlobe Aviation and some other companies too added to the caution, brokers said. Investors kept an eye on high-level talks between China and the US on trade in Beijing today. Back home, counters such as realty, capital goods, IT, teck, infrastructure, FMCG, consumer durables, oil and gas and auto suffered as participants pulled money off the table. After opening higher, the 30-share Sensex quickly slipped into the red largely in line with weak Asian cues and hit a low of 35,020.08 before settling at 35,103.14, still down by 73.28 points, or 0.21 per cent. The index had surged 675.15 points in the past four sessions, spurred by sustained buying by domestic institutional investors (DIIs) and encouraging quarterly earnings by some companies. The 50-share NSE Nifty slipped below the 10,700-mark and finished at 10,679.65 -- down 38.40 points, or 0.36 per cent. During the day, it shuttled between 10,720.60 and 10,647.45. Meanwhile, on a net basis, foreign institutional investors (FIIs) sold shares worth Rs 525.93 crore, while DIIs bought shares to the tune of Rs 165.84 crore in yesterday's trade, provisional data showed. (With inputs from PTI)

Sensex snaps 4-day rising streak, ends at 35,103

Benchmark indices ended flat Wednesday after a choppy session dragged by losses in the metal and IT indices.

The S&P BSE Sensex ended at 35,176, up 16 points while the broader Nifty50 index settled at 10,718, down 21 points

Sentiment across the globe was muted as investors await the US Federal Reserve’s policy decision later in the global day for cues on the future pace of US monetary tightening.

Traders remained cautious in view of weak cues from other Asian markets ahead of the US Federal Reserve policy outcome later in the day.

Traders remained cautious in view of weak cues from other Asian markets ahead of the US Federal Reserve policy outcome later in the day.

Benchmark indices ended flat Wednesday after a choppy session dragged by losses in the metal and IT indices. The S&P BSE Sensex ended at 35,176, up 16 points while the broader Nifty50 index settled at 10,718, down 21 points Sentiment across the globe was muted as investors await the US Federal Reserve’s policy decision later in the global day for cues on the future pace of US monetary tightening. Traders remained cautious in view of weak cues from other Asian markets ahead of the US Federal Reserve policy outcome later in the day.

Sensex ends at 35,176, Nifty closes at 10,718

IT stocks outperformed the benchmark index Sensex in April driven by the sharp jump in TCS, and going forward the outlook for the tech sector looks bullish owing to a weak rupee and increasing adoption of digital platforms.

On BSE, the IT index ended the month of April with 10.71 per cent gain, while for the 30-share index the gain was 6.64 per cent.

S&P BSE Information Technology index was quoted at 13,567.69 on April 30, significantly higher than its April 2 value of 12,254.92 points.

The latest gains were led by Tata Consultancy Services (TCS) whose shares marked new heights during April. Shares of TCS - the most valued company in the country - jumped as much as 24 per cent and also scaled the USD 100 billion landmark market capitalisation mark during the month.

Other blue-chip IT companies also ended the month on a strong note. Infosys, India's second-largest software services firm soared 5.72 per cent, HCL Technologies (8.44 per cent), Tech Mahindra (5.20 per cent).

IT stocks have the second biggest sectoral weight in the benchmark indices, after banking. The strong performance of tech stocks during April helped Sensex gain 6.64 per cent during the month.

Given that the weak rupee augurs well for the IT pack, brokerages are upbeat on the IT sector.

According to a Nomura report, the rupee has started to depreciate since the start of 2018 by near 4 per cent so far this year.

"IT has already materially outperformed Nifty in this period of rupee depreciation," Nomura said adding that "theoretically, companies with lower margin profiles and higher offshore components are likely to benefit from rupee depreciation".

Edelweiss Research in a note on IT earnings said: "Our analysis reveals that with acceleration in revenue and digital gaining scale, double-digit earnings growth will soon become a reality".

It further said: "We reiterate our structural bullish call on sector led by falling proportion of low-growth business being replaced by high-growth digital business".

Meanwhile, Elara Capital in a report said large-scale mutual fund allocations moved into the financial sector post-2014 while MF ownership in IT remains closer to the two-decade low.

"Now the AUM ratio has reached close to 2008 highs from where reversal has begun. Any large reversals will significantly benefit IT, which remains the largest under-allocated sector among local MF. In the past, the reversal from such high zone has brought about a big round of outperformance in IT," Elara Capital said.

S&P BSE Information Technology index was quoted at 13,567.69 on April 30, significantly higher than its April 2 value of 12,254.92 points.

IT stocks outperformed the benchmark index Sensex in April driven by the sharp jump in TCS, and going forward the outlook for the tech sector looks bullish owing to a weak rupee and increasing adoption of digital platforms. On BSE, the IT index ended the month of April with 10.71 per cent gain, while for the 30-share index the gain was 6.64 per cent. S&P BSE Information Technology index was quoted at 13,567.69 on April 30, significantly higher than its April 2 value of 12,254.92 points. The latest gains were led by Tata Consultancy Services (TCS) whose shares marked new heights during April. Shares of TCS - the most valued company in the country - jumped as much as 24 per cent and also scaled the USD 100 billion landmark market capitalisation mark during the month. Other blue-chip IT companies also ended the month on a strong note. Infosys, India's second-largest software services firm soared 5.72 per cent, HCL Technologies (8.44 per cent), Tech Mahindra (5.20 per cent). IT stocks have the second biggest sectoral weight in the benchmark indices, after banking. The strong performance of tech stocks during April helped Sensex gain 6.64 per cent during the month. Given that the weak rupee augurs well for the IT pack, brokerages are upbeat on the IT sector. According to a Nomura report, the rupee has started to depreciate since the start of 2018 by near 4 per cent so far this year. "IT has already materially outperformed Nifty in this period of rupee depreciation," Nomura said adding that "theoretically, companies with lower margin profiles and higher offshore components are likely to benefit from rupee depreciation". Edelweiss Research in a note on IT earnings said: "Our analysis reveals that with acceleration in revenue and digital gaining scale, double-digit earnings growth will soon become a reality". It further said: "We reiterate our structural bullish call on sector led by falling proportion of low-growth business being replaced by high-growth digital business". Meanwhile, Elara Capital in a report said large-scale mutual fund allocations moved into the financial sector post-2014 while MF ownership in IT remains closer to the two-decade low. "Now the AUM ratio has reached close to 2008 highs from where reversal has begun. Any large reversals will significantly benefit IT, which remains the largest under-allocated sector among local MF. In the past, the reversal from such high zone has brought about a big round of outperformance in IT," Elara Capital said.

IT stocks outperform Sensex in April; TCS jumps 24%

Benchmark indices closed higher following positive global cues and the correction in crude oil prices.

The 30-share BSE Sensex was up 190.66 points at 35,160.36 and the 50-share NSE Nifty gained 47.10 points at 10,739.40.

About 1,397 shares advanced against 1,262 declining shares on the BSE.

Nifty Midcap was up 0.8 percent.

&nbsp

The market has been holding early gains due to buying in HDFC (up 1.5 per cent), HDFC Bank (0.83 per cent), TCS (1.5 per cent), Infosys (1 per cent) and ITC (0.89 per cent).

Benchmark indices closed higher following positive global cues and the correction in crude oil prices. The 30-share BSE Sensex was up 190.66 points at 35,160.36 and the 50-share NSE Nifty gained 47.10 points at 10,739.40. About 1,397 shares advanced against 1,262 declining shares on the BSE. Nifty Midcap was up 0.8 percent.

Sensex up 191 points, Nifty ends above 10,700 on global cues

The Sensex rallied about 180 points to 34,893.20 in early session today, maintaining its positive form for the second straight day as the May derivatives series took off on a strong footing amid encouraging earnings and positive Asian cues.

Unabated buying by domestic institutional fulled the uptrend, brokers said.

The 30-share Sensex, which gained 212.33 points in the previous session, added 179.60 points, or 0.51 per cent, at 34,893.20.

All sectoral indices of BSE led by realty, banking and metal were in the positive zone, rising by up to 1.07 per cent.

The NSE Nifty jumped 60 points, or 0.56 per cent, to 10,677.80.

Shares of Reliance Industries and Maruti Suzuki were higher by 2.66 per cent and 1.28 per cent ahead of earnings, to be announced later in the day.

Other gainers include Axis Bank, Yes Bank, ICICI Bank, Adani Bank, Tata Steel, L&T, Tata Motors, SBI, Dr Reddy's, Sun Pharma and Bajaj Auto, rising up to 3.66 per cent.

Brokers said investors were busy in creating new positions following the beginning of the May futures and options (F&O) series that led to the rally in the market.

Moreover, encouraging quarterly corporate earnings so far and data showing that domestic institutional investors continued their buying activity, buoyed sentiment.

A firming trend in the rest of Asia following overnight positive leads from the Wall Street on solid earnings and a rebound in technology stocks as the US bond yields pulled back, accelerated buying activity, they added.

Meanwhile, on a net basis, domestic institutional investors (DIIs) bought shares worth Rs 684.11 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 1,056.34 crore yesterday, provisional data showed.

Japan's Nikkei quoted 0.42 per cent higher while Hong Kong's Hang Seng gained 0.31 per cent in the early part but China's Shanghai Composite Index shed 0.22 per cent.

The US market ended 0.99 per cent higher yesterday.&nbsp

The US market ended 0.99 per cent higher yesterday

The Sensex rallied about 180 points to 34,893.20 in early session today, maintaining its positive form for the second straight day as the May derivatives series took off on a strong footing amid encouraging earnings and positive Asian cues. Unabated buying by domestic institutional fulled the uptrend, brokers said. The 30-share Sensex, which gained 212.33 points in the previous session, added 179.60 points, or 0.51 per cent, at 34,893.20. All sectoral indices of BSE led by realty, banking and metal were in the positive zone, rising by up to 1.07 per cent. The NSE Nifty jumped 60 points, or 0.56 per cent, to 10,677.80. Shares of Reliance Industries and Maruti Suzuki were higher by 2.66 per cent and 1.28 per cent ahead of earnings, to be announced later in the day. Other gainers include Axis Bank, Yes Bank, ICICI Bank, Adani Bank, Tata Steel, L&T, Tata Motors, SBI, Dr Reddy's, Sun Pharma and Bajaj Auto, rising up to 3.66 per cent. Brokers said investors were busy in creating new positions following the beginning of the May futures and options (F&O) series that led to the rally in the market. Moreover, encouraging quarterly corporate earnings so far and data showing that domestic institutional investors continued their buying activity, buoyed sentiment. A firming trend in the rest of Asia following overnight positive leads from the Wall Street on solid earnings and a rebound in technology stocks as the US bond yields pulled back, accelerated buying activity, they added. Meanwhile, on a net basis, domestic institutional investors (DIIs) bought shares worth Rs 684.11 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 1,056.34 crore yesterday, provisional data showed. Japan's Nikkei quoted 0.42 per cent higher while Hong Kong's Hang Seng gained 0.31 per cent in the early part but China's Shanghai Composite Index shed 0.22 per cent. The US market ended 0.99 per cent higher yesterday.

Sensex soars 180 points, Nifty jumped up 60

Benchmark BSE Sensex rebounded over 57 points in early trade today on sustained buying by domestic institutional investors amid a mixed trend in other Asian bourses.

Short-covering of bets today being the last session of April expiry in the derivatives segment supported the recovery.

Asian markets were mixed as robust corporate earnings helped Wall Street calm concerns over the surge in US bond yields.

The 30-share Sensex recovered 57.35 points, or 0.16 per cent, to trade 34,558.62 in the opening session. It had lost 115.37 points in the previous session.&nbsp;

Realty, metal, healthcare, infrastructure, auto, FMCG and power sectors led the recovery.

The NSE Nifty was also trading higher by 32.70 points, or 0.30 per cent, at 10,586.90.

Brokers said sustained buying by domestic institutional investors and a mixed trend at other Asian bourses, tracking overnight gains at Wall Street, mainly influenced sentiment here.

Major gainers were M&M, TCS, Tata Steel, Sun Pharma, Yes Bank, RIL, HUL, Infosys, HDFC Bank, SBI, Asian Paints, Maruti Suzuki, IndusInd Bank, Bajaj Auto, Power Grids and Dr Reddy's, with gains of up to 0.98 per cent.

However, Wipro, tumbled 3.62 per cent to Rs 276.80 after the company yesterday reported over 20 per cent decline in its consolidated profit to Rs 1,800.8 crore for the March quarter, 2017-18.

The country's third-largest software services firm had registered a profit of Rs 2,267 crore in the year-ago period, as per Indian accounting norms.

Meanwhile, on a net basis, domestic institutional investors (DIIs) bought shares worth Rs 435.98 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 304.79 crore yesterday, provisional data showed.

In the Asian region, Japan's Nikkei was up 0.59 per cent but Hong Kong's Hang Seng shed 0.77 per cent and China's Shanghai Composite index too was down 0.98 per cent in their early deals.

The Dow Jones Industrial Average ended 0.25 per cent higher in yesterday's trade.

The Dow Jones Industrial Average ended 0.25 per cent higher in yesterday's trade

Benchmark BSE Sensex rebounded over 57 points in early trade today on sustained buying by domestic institutional investors amid a mixed trend in other Asian bourses. Short-covering of bets today being the last session of April expiry in the derivatives segment supported the recovery. Asian markets were mixed as robust corporate earnings helped Wall Street calm concerns over the surge in US bond yields. The 30-share Sensex recovered 57.35 points, or 0.16 per cent, to trade 34,558.62 in the opening session. It had lost 115.37 points in the previous session. Realty, metal, healthcare, infrastructure, auto, FMCG and power sectors led the recovery. The NSE Nifty was also trading higher by 32.70 points, or 0.30 per cent, at 10,586.90. Brokers said sustained buying by domestic institutional investors and a mixed trend at other Asian bourses, tracking overnight gains at Wall Street, mainly influenced sentiment here. Major gainers were M&M, TCS, Tata Steel, Sun Pharma, Yes Bank, RIL, HUL, Infosys, HDFC Bank, SBI, Asian Paints, Maruti Suzuki, IndusInd Bank, Bajaj Auto, Power Grids and Dr Reddy's, with gains of up to 0.98 per cent. However, Wipro, tumbled 3.62 per cent to Rs 276.80 after the company yesterday reported over 20 per cent decline in its consolidated profit to Rs 1,800.8 crore for the March quarter, 2017-18. The country's third-largest software services firm had registered a profit of Rs 2,267 crore in the year-ago period, as per Indian accounting norms. Meanwhile, on a net basis, domestic institutional investors (DIIs) bought shares worth Rs 435.98 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 304.79 crore yesterday, provisional data showed. In the Asian region, Japan's Nikkei was up 0.59 per cent but Hong Kong's Hang Seng shed 0.77 per cent and China's Shanghai Composite index too was down 0.98 per cent in their early deals. The Dow Jones Industrial Average ended 0.25 per cent higher in yesterday's trade.

Sensex recovers 57 points, Nifty up by 32

Benchmark Sensex vaulted over 212 points today, riding on a stellar show by Yes Bank, as investors piled into consumption, IT and banking counters amid encouraging earnings.

Yes Bank was the top performer in the 30-share Sensex pack, surging 8.26 per cent, after the private lender reported a 29 per cent jump in its net profit (standalone) at Rs 1,179.40 crore for the March quarter. 
Covering up of pending short positions by speculators on expiry of the April derivatives contracts added to the momentum, brokers said. 
&nbsp 
The BSE Sensex took off on a positive note at 34,532.95 and advanced to the day's high of 34,747.97 before ending at 34,713.60, up 212.33 points, or 0.62 per cent.

This is its highest closing since February 5, when it had finished at 34,757.16.

The 50-issue NSE Nifty ended at 10,617.80, up 47.25 points, or 0.45 per cent, after shuttling between 10,628.40 and 10,559.65.

Meanwhile, domestic institutional investors (DIIs) bought shares worth Rs 435.98 crore, while foreign portfolio investors sold to the tune of Rs 304.79 crore yesterday, provisional data showed. 
Globally, there was a mixed trend in Asia and a higher opening in Europe as robust corporate earnings helped Wall Street calm concerns over the surge in US bond yields.

"Market surged in the closing hours of the F&O expiry day led by private banks on account of earnings positivity. IT stocks continued the positive momentum but PSU banks continued to be major laggards.

"Global markets were mixed ahead of the ECB interest rate decision scheduled today but the earnings positivity in the US kept the investors interested despite a further rise in crude price and soaring bond yields," said Anand James, Chief Market Strategist, Geojit Financial Services.

Other Sensex gainers included HUL 2.17 per cent, TCS 2.09 per cent, ITC 1.61 per cent, Kotak Bank 1.41 per cent, Adani Ports 1.38 per cent, Infosys 1.27 per cent, IndusInd Bank 1.11 per cent, Hero MotoCorp 1.02 per cent, ONGC 0.89 per cent, HDFC Bank 0.68 per cent, M&M 0.63 per cent, Tata Motors 0.50 per cent, RIL 0.48 per cent, HDFC 0.36 per cent, Maruti Suzuki 0.29 per cent and NTPC 0.26 per cent.

However, Wipro shed 2 per cent after disappointing Q4 numbers. 
Other losers were Bharti Airtel, falling 2.61 per cent, followed by Dr Reddy's 2.09 per cent, SBI 1.71 per cent, Tata Steel 1.22 per cent, L&T 0.94 per cent, Coal India 0.62 per cent, Bajaj Auto 0.48 per cent, Asian Paints 0.46 per cent and Sun Pharma 0.34 per cent.

Among BSE sectoral indices, FMCG rose 1.25 per cent, IT 1.17 per cent, banking 0.86 per cent, teck 0.59 per cent, consumer durables 0.43 per cent, auto 0.33 per cent, metal 0.12 per cent and oil and gas 0.07 per cent.

On the other hand, realty fell 0.77 per cent, capital goods 0.51 per cent, PSU 0.36 per cent, healthcare 0.15 per cent and infrastructure 0.13 per cent.

The S&P BSE Small-Cap index rose 0.25 per cent, while the Mid-Cap index lost 0.02 per cent.

In global markets, oil prices rose on geopolitical concerns. Brent crude oil futures were trading higher at USD 74.53 per barrel while WTI crude oil traded at USD 68.41 per barrel.

Asian markets ended on a mixed note as investors digested the latest quarterly corporate earnings. In US, the Dow Jones industrial average closed higher for the first time in six sessions yesterday.

Japan's benchmark Nikkei 225 index climbed 0.47 per cent and Singapore edged up 0.06 per cent, while Hong Kong's Hang Seng lost 1.06 per and the Shanghai Composite in mainland China declined 1.38 per cent.

European shares were higher in early trade.

Frankfurt's DAX 30 index inched up 0.17 per cent and Paris CAC 40 was higher 0.44 per cent. London's benchmark FTSE 100 index too climbed 0.16 per cent.&nbsp

The BSE Sensex took off on a positive note at 34,532.95 and advanced to the day's high of 34,747.97 before ending at 34,713.60, up 212.33 points, or 0.62 per cent.

Benchmark Sensex vaulted over 212 points today, riding on a stellar show by Yes Bank, as investors piled into consumption, IT and banking counters amid encouraging earnings. Yes Bank was the top performer in the 30-share Sensex pack, surging 8.26 per cent, after the private lender reported a 29 per cent jump in its net profit (standalone) at Rs 1,179.40 crore for the March quarter. Covering up of pending short positions by speculators on expiry of the April derivatives contracts added to the momentum, brokers said. The BSE Sensex took off on a positive note at 34,532.95 and advanced to the day's high of 34,747.97 before ending at 34,713.60, up 212.33 points, or 0.62 per cent. This is its highest closing since February 5, when it had finished at 34,757.16. The 50-issue NSE Nifty ended at 10,617.80, up 47.25 points, or 0.45 per cent, after shuttling between 10,628.40 and 10,559.65. Meanwhile, domestic institutional investors (DIIs) bought shares worth Rs 435.98 crore, while foreign portfolio investors sold to the tune of Rs 304.79 crore yesterday, provisional data showed. Globally, there was a mixed trend in Asia and a higher opening in Europe as robust corporate earnings helped Wall Street calm concerns over the surge in US bond yields. "Market surged in the closing hours of the F&O expiry day led by private banks on account of earnings positivity. IT stocks continued the positive momentum but PSU banks continued to be major laggards. "Global markets were mixed ahead of the ECB interest rate decision scheduled today but the earnings positivity in the US kept the investors interested despite a further rise in crude price and soaring bond yields," said Anand James, Chief Market Strategist, Geojit Financial Services. Other Sensex gainers included HUL 2.17 per cent, TCS 2.09 per cent, ITC 1.61 per cent, Kotak Bank 1.41 per cent, Adani Ports 1.38 per cent, Infosys 1.27 per cent, IndusInd Bank 1.11 per cent, Hero MotoCorp 1.02 per cent, ONGC 0.89 per cent, HDFC Bank 0.68 per cent, M&M 0.63 per cent, Tata Motors 0.50 per cent, RIL 0.48 per cent, HDFC 0.36 per cent, Maruti Suzuki 0.29 per cent and NTPC 0.26 per cent. However, Wipro shed 2 per cent after disappointing Q4 numbers. Other losers were Bharti Airtel, falling 2.61 per cent, followed by Dr Reddy's 2.09 per cent, SBI 1.71 per cent, Tata Steel 1.22 per cent, L&T 0.94 per cent, Coal India 0.62 per cent, Bajaj Auto 0.48 per cent, Asian Paints 0.46 per cent and Sun Pharma 0.34 per cent. Among BSE sectoral indices, FMCG rose 1.25 per cent, IT 1.17 per cent, banking 0.86 per cent, teck 0.59 per cent, consumer durables 0.43 per cent, auto 0.33 per cent, metal 0.12 per cent and oil and gas 0.07 per cent. On the other hand, realty fell 0.77 per cent, capital goods 0.51 per cent, PSU 0.36 per cent, healthcare 0.15 per cent and infrastructure 0.13 per cent. The S&P BSE Small-Cap index rose 0.25 per cent, while the Mid-Cap index lost 0.02 per cent. In global markets, oil prices rose on geopolitical concerns. Brent crude oil futures were trading higher at USD 74.53 per barrel while WTI crude oil traded at USD 68.41 per barrel. Asian markets ended on a mixed note as investors digested the latest quarterly corporate earnings. In US, the Dow Jones industrial average closed higher for the first time in six sessions yesterday. Japan's benchmark Nikkei 225 index climbed 0.47 per cent and Singapore edged up 0.06 per cent, while Hong Kong's Hang Seng lost 1.06 per and the Shanghai Composite in mainland China declined 1.38 per cent. European shares were higher in early trade. Frankfurt's DAX 30 index inched up 0.17 per cent and Paris CAC 40 was higher 0.44 per cent. London's benchmark FTSE 100 index too climbed 0.16 per cent.

Sensex soars as investors say 'Yes' to banks, FMCG

The benchmark BSE Sensex started on a negative note, shedding over 100 points today, on weak global cues and rupee depreciation against the US dollar.

Asian shares fell across the board, following an overnight drop in US stocks. Rising US bond yields and crude oil prices too worried investors.

Market sentiment also turned cautious ahead of April derivatives expiry due tomorrow.

The 30-share index dropped 105.53 points, or 0.30 per cent, to 34,511.11. The gauge had gained 201.06 points in the previous two sessions.

Similarly, the NSE Nifty fell below the 10,600 mark, shedding 25.85 points, or 0.24 per cent, to 10,588.50.

Major losers were NTPC, Dr Reddy's, ONGC, Tata Steel, Asian Paint and Sun Pharma, falling up to 1.29 per cent.

Sectoral indices led by power, banking, capital goods, realty, IT, PSU and metal stocks were trading in the negative zone, falling up to 0.82 per cent.

On the other hand, Bharti Airtel was the biggest Sensex gainer, rising nearly 3 per cent.&nbsp;

The company, along with Idea Cellular and Vodafone Group, today announced an agreement for the merger of Indus Towers and Bharti Infratel to create the largest mobile tower operator in the world outside China with over 163,000 towers across 22 telecom service areas.&nbsp;&nbsp; &nbsp;&nbsp;

Airtel, however, reported its lowest quarterly net profit in at least 14 years yesterday.

Other gainers were Wipro, TCS, Adani Ports, Infosys and RIL, rising up to 1.90 per cent.

Brokers said sentiment turned weak on sustained capital outflows by foreign funds amid a weak trend in other Asian markets following overnight weakness at Wall Street after the 10-year treasury yield briefly touched the 3 per cent level for the first time in four years.

Meanwhile, on a net basis, foreign portfolio investors (FPIs) sold shares worth Rs 680.99 crore, while domestic institutional investors (DIIs) bought shares worth Rs 508.55 crore yesterday, provisional data showed.

In the Asian region, Japan's Nikkei fell 0.65 per cent, Hong Kong's Hang Seng shed 1.07 per cent in early trade. China's Shanghai Composite index too was down 0.59 per cent.

The Dow Jones Industrial Average ended 1.74 per cent lower in yesterday's trade.&nbsp;

Asian shares fell across the board, following an overnight drop in US stocks. Rising US bond yields and crude oil prices too worried investors.

The benchmark BSE Sensex started on a negative note, shedding over 100 points today, on weak global cues and rupee depreciation against the US dollar. Asian shares fell across the board, following an overnight drop in US stocks. Rising US bond yields and crude oil prices too worried investors. Market sentiment also turned cautious ahead of April derivatives expiry due tomorrow. The 30-share index dropped 105.53 points, or 0.30 per cent, to 34,511.11. The gauge had gained 201.06 points in the previous two sessions. Similarly, the NSE Nifty fell below the 10,600 mark, shedding 25.85 points, or 0.24 per cent, to 10,588.50. Major losers were NTPC, Dr Reddy's, ONGC, Tata Steel, Asian Paint and Sun Pharma, falling up to 1.29 per cent. Sectoral indices led by power, banking, capital goods, realty, IT, PSU and metal stocks were trading in the negative zone, falling up to 0.82 per cent. On the other hand, Bharti Airtel was the biggest Sensex gainer, rising nearly 3 per cent. The company, along with Idea Cellular and Vodafone Group, today announced an agreement for the merger of Indus Towers and Bharti Infratel to create the largest mobile tower operator in the world outside China with over 163,000 towers across 22 telecom service areas. Airtel, however, reported its lowest quarterly net profit in at least 14 years yesterday. Other gainers were Wipro, TCS, Adani Ports, Infosys and RIL, rising up to 1.90 per cent. Brokers said sentiment turned weak on sustained capital outflows by foreign funds amid a weak trend in other Asian markets following overnight weakness at Wall Street after the 10-year treasury yield briefly touched the 3 per cent level for the first time in four years. Meanwhile, on a net basis, foreign portfolio investors (FPIs) sold shares worth Rs 680.99 crore, while domestic institutional investors (DIIs) bought shares worth Rs 508.55 crore yesterday, provisional data showed. In the Asian region, Japan's Nikkei fell 0.65 per cent, Hong Kong's Hang Seng shed 1.07 per cent in early trade. China's Shanghai Composite index too was down 0.59 per cent. The Dow Jones Industrial Average ended 1.74 per cent lower in yesterday's trade.

Sensex, Nifty drop on weak global cues

The key Indian equity indices on Wednesday provisionally closed in the negative territory following weak global cues, along with heavy selling pressure in the banking, consumer durables and capital goods stocks.

Benchmark Sensex fell over 115 points while the Nifty closed below 10,600 amid weak global cues and unabated foreign fund outflows.

Asian markets fell and European shares opened lower, tracking overnight losses on Wall Street, led by sell-off in industrials, materials and technology stocks after the 10-year Treasury yield briefly touched the psychologically important 3 per cent level for the first time in four years.

Tomorrow's April month expiry in the derivatives segment added to the volatility in the domestic market, brokers said.

The 30-share Sensex, after a lower opening, stayed in the negative zone for the most part of the session and hit a low of 34,400.56, before settling at 34,501.27, down 115.37 points, or 0.33 per cent. Intra-day, it turned briefly positive to hit a high of 34,631.27 
It had gained 201.06 points in the previous two sessions.

Likewise, the 50-scrip NSE barometer Nifty declined 43.80 points, or 0.41 per cent, to close at 10,570.55 after shuttling between 10,536.45 and 10,612.60.&nbsp

(With inputs from Agencies)

Benchmark Sensex fell over 115 points while the Nifty closed below 10,600 amid weak global cues and unabated foreign fund outflows.

The key Indian equity indices on Wednesday provisionally closed in the negative territory following weak global cues, along with heavy selling pressure in the banking, consumer durables and capital goods stocks. Benchmark Sensex fell over 115 points while the Nifty closed below 10,600 amid weak global cues and unabated foreign fund outflows. Asian markets fell and European shares opened lower, tracking overnight losses on Wall Street, led by sell-off in industrials, materials and technology stocks after the 10-year Treasury yield briefly touched the psychologically important 3 per cent level for the first time in four years. Tomorrow's April month expiry in the derivatives segment added to the volatility in the domestic market, brokers said. The 30-share Sensex, after a lower opening, stayed in the negative zone for the most part of the session and hit a low of 34,400.56, before settling at 34,501.27, down 115.37 points, or 0.33 per cent. Intra-day, it turned briefly positive to hit a high of 34,631.27 It had gained 201.06 points in the previous two sessions. Likewise, the 50-scrip NSE barometer Nifty declined 43.80 points, or 0.41 per cent, to close at 10,570.55 after shuttling between 10,536.45 and 10,612.60. (With inputs from Agencies)

Sensex sheds 115 points on weak global cues, profit-booking

Shares marked their highest close since February 5 on Tuesday as gains in financial and energy stocks helped lift the mood, but aluminium producers such as Hindalco Industries Ltd capped the gains on the NSE.

The benchmark BSE Sensex closed up 0.48 percent at 34,616.64. The broader Nifty ended 0.28 percent higher at 10,614.35.

An appreciating rupee, unabated buying by domestic institutional investors (DIIs) and encouraging earnings by blue-chips contributed to the uptrend, brokers said.

Overseas, Asian markets closed mostly higher even as oil prices crossed USD 75 a barrel, the highest level since November 2014.

The BSE 30-share Sensex took off on a positive note at 34,491.38 and advanced to the day's high of 34,706.71 before ending at 34,616.64, up 165.87 points, or 0.48 per cent.

The gauge had gained 35.19 points in the previous session.

The gainers included Reliance Industries, Yes Bank, M&M, Adani Ports, ICICI Bank, L&T, HDFC, Bajaj Auto, Dr Reddy's and ONGC.

The NSE Nifty, after shuttling between 10,636.80 and 10,569, finally settled 29.65 points, or 0.28 per cent higher at 10,614.35.

However, the gains were capped by selling pressure in metals, IT, Tech, power, consumer durables and PSU stocks.

Meanwhile, domestic institutional investors (DIIs) bought shares worth a net Rs 387.26 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 259.08 crore yesterday, provisional data released by the stock exchanges showed.

(With inputs from PTI)

Sensex rises 166 points, Nifty50 reclaims 10,600; VIX eases 9% ahead of F&O expiry.

Shares marked their highest close since February 5 on Tuesday as gains in financial and energy stocks helped lift the mood, but aluminium producers such as Hindalco Industries Ltd capped the gains on the NSE. The benchmark BSE Sensex closed up 0.48 percent at 34,616.64. The broader Nifty ended 0.28 percent higher at 10,614.35. An appreciating rupee, unabated buying by domestic institutional investors (DIIs) and encouraging earnings by blue-chips contributed to the uptrend, brokers said. Overseas, Asian markets closed mostly higher even as oil prices crossed USD 75 a barrel, the highest level since November 2014. The BSE 30-share Sensex took off on a positive note at 34,491.38 and advanced to the day's high of 34,706.71 before ending at 34,616.64, up 165.87 points, or 0.48 per cent. The gauge had gained 35.19 points in the previous session. The gainers included Reliance Industries, Yes Bank, M&M, Adani Ports, ICICI Bank, L&T, HDFC, Bajaj Auto, Dr Reddy's and ONGC. The NSE Nifty, after shuttling between 10,636.80 and 10,569, finally settled 29.65 points, or 0.28 per cent higher at 10,614.35. However, the gains were capped by selling pressure in metals, IT, Tech, power, consumer durables and PSU stocks. Meanwhile, domestic institutional investors (DIIs) bought shares worth a net Rs 387.26 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 259.08 crore yesterday, provisional data released by the stock exchanges showed. (With inputs from PTI)

Sensex rises 166 points, Nifty reclaims 10,600

Benchmark Nifty rose 20.65 points to end at 10,584.70 today, driven by buying in realty, pharma, IT, media, PSU bank and auto sectors.

Metal, FMCG, infrastructure and finance service counters witnessed hectic profit-booking.

The rupee falling to its weakest level since March, continued FII outflows and April derivative expiry day this week influenced trading sentiment, brokers said.&nbsp;

Overseas, European shares fell early today as results from Switzerland's biggest bank, UBS, disappointed investors. Asian stocks closed lower as investors kept an eye on rising US Treasury yields.

The Nifty 50 index rose 20.65 points or 0.20 per cent to close at 10,584.70, after moving in a range of 10,638.35 and 10,514.95. It witnessed an intra-day movement of about 123.40 points.

Sector-wise, Realty rose by 1.61 per cent, Pharma 1.48 per cent, IT 0.74 per cent, Media 0.71 per cent, PSU Bank 0.68 percent, Energy 0.61 per cent, Auto 0.50 per cent, Private Bank 0.25 per cent and Bank 0.07 per cent.

On the other hand, Metal fell by 0.77 per cent, FMCG 0.32 per cent, Finance Service 0.21 per cent and Infra 0.11 per cent.

Major gainers were IndusInd Bank, M&M, BPCL, HCL Tech, Cipla, Sun Pharma, HPCL, Yes Bank and UltraTech Cement.

The losers were Hindalco, Indiabulls Housing Finance, UPL, Grasim, Vedanta, Bharti Infratel, Wipro, ICICI Bank, HUL and HDFC Bank.

A total of 922 scrips advanced, 884 declined, while 77 remained unchanged. Total securities that hit their price bands were 191.

Turnover in the cash segment fell to Rs 32,294.16 crore, from Rs 34,021.46 crore last Friday.

A total of 11,906.35 lakh shares changed hands in 10,393,120 trades. The market capitalisation of listed firms stood at Rs 14,914,986.95 crore.&nbsp;

Turnover in the cash segment fell to Rs 32,294.16 crore, from Rs 34,021.46 crore last Friday

Benchmark Nifty rose 20.65 points to end at 10,584.70 today, driven by buying in realty, pharma, IT, media, PSU bank and auto sectors. Metal, FMCG, infrastructure and finance service counters witnessed hectic profit-booking. The rupee falling to its weakest level since March, continued FII outflows and April derivative expiry day this week influenced trading sentiment, brokers said. Overseas, European shares fell early today as results from Switzerland's biggest bank, UBS, disappointed investors. Asian stocks closed lower as investors kept an eye on rising US Treasury yields. The Nifty 50 index rose 20.65 points or 0.20 per cent to close at 10,584.70, after moving in a range of 10,638.35 and 10,514.95. It witnessed an intra-day movement of about 123.40 points. Sector-wise, Realty rose by 1.61 per cent, Pharma 1.48 per cent, IT 0.74 per cent, Media 0.71 per cent, PSU Bank 0.68 percent, Energy 0.61 per cent, Auto 0.50 per cent, Private Bank 0.25 per cent and Bank 0.07 per cent. On the other hand, Metal fell by 0.77 per cent, FMCG 0.32 per cent, Finance Service 0.21 per cent and Infra 0.11 per cent. Major gainers were IndusInd Bank, M&M, BPCL, HCL Tech, Cipla, Sun Pharma, HPCL, Yes Bank and UltraTech Cement. The losers were Hindalco, Indiabulls Housing Finance, UPL, Grasim, Vedanta, Bharti Infratel, Wipro, ICICI Bank, HUL and HDFC Bank. A total of 922 scrips advanced, 884 declined, while 77 remained unchanged. Total securities that hit their price bands were 191. Turnover in the cash segment fell to Rs 32,294.16 crore, from Rs 34,021.46 crore last Friday. A total of 11,906.35 lakh shares changed hands in 10,393,120 trades. The market capitalisation of listed firms stood at Rs 14,914,986.95 crore.

Nifty ends above 10,550, up 20 points

The benchmark BSE Sensex declined by about 80 points in early session today, in tandem with weak global cues amid rupee's plunge below the 66 mark.

Besides, the release of the minutes of last Monetary Policy Committee (MPC) meeting on April 4-5, indicating the Reserve Bank of India may shift to a hawkish monetary stance in June, weighed on investor sentiment.

The 30-share index, which had gained 95.61 points in yesterday's session, was quoting lower by 79.95 points, or 0.23 per cent, at 34,347.34, with metal, banking, realty, FMCG, power and PSU stocks leading the fall.

Similarly, the NSE Nifty fell 25.20 points, or 0.24 per cent, to 10,540.10.

Brokers said, besides continued capital outflows by foreign funds, profit-booking in recent gainers, rupee's fall below the 66-mark against the dollar and higher global crude oil prices, hurt trading sentiments.

Bucking the trend, shares of the country's largest software exporter TCS climbed 3.81 per cent, to Rs 3,312.30 after the company yesterday reported a 4.4 per cent growth in its consolidated net profit at Rs 6,904 crore for the March 2018 quarter and its board recommended a 1:1 bonus share issue.

Laggards were Tata Steel, Asian Paint, ITC, SBI, Axis Bank, HDFC, Sun Pharma, Yes Bank, IndusInd Bank, Power Grid, Bajaj Auto, Hero MotoCorp, M&M and RIL, falling by up to 1.39 per cent.

Meanwhile, foreign funds sold shares worth Rs 624.99 crore in yesterday's trade, provisional data showed.

Globally, Hong Kong's Hang Seng fell 0.18 per cent, while Shanghai Composite Index shed 0.73 per cent in early trade today. Japan's Nikkei, however, rose 0.14 per cent.

The US Dow Jones Industrial Average had ended 0.34 per cent lower in yesterday's trade.&nbsp

The 30-share index, which had gained 95.61 points in yesterday's session, was quoting lower by 79.95 points, or 0.23 per cent, at 34,347.34, with metal, banking, realty, FMCG, power and PSU stocks leading the fall.

The benchmark BSE Sensex declined by about 80 points in early session today, in tandem with weak global cues amid rupee's plunge below the 66 mark. Besides, the release of the minutes of last Monetary Policy Committee (MPC) meeting on April 4-5, indicating the Reserve Bank of India may shift to a hawkish monetary stance in June, weighed on investor sentiment. The 30-share index, which had gained 95.61 points in yesterday's session, was quoting lower by 79.95 points, or 0.23 per cent, at 34,347.34, with metal, banking, realty, FMCG, power and PSU stocks leading the fall. Similarly, the NSE Nifty fell 25.20 points, or 0.24 per cent, to 10,540.10. Brokers said, besides continued capital outflows by foreign funds, profit-booking in recent gainers, rupee's fall below the 66-mark against the dollar and higher global crude oil prices, hurt trading sentiments. Bucking the trend, shares of the country's largest software exporter TCS climbed 3.81 per cent, to Rs 3,312.30 after the company yesterday reported a 4.4 per cent growth in its consolidated net profit at Rs 6,904 crore for the March 2018 quarter and its board recommended a 1:1 bonus share issue. Laggards were Tata Steel, Asian Paint, ITC, SBI, Axis Bank, HDFC, Sun Pharma, Yes Bank, IndusInd Bank, Power Grid, Bajaj Auto, Hero MotoCorp, M&M and RIL, falling by up to 1.39 per cent. Meanwhile, foreign funds sold shares worth Rs 624.99 crore in yesterday's trade, provisional data showed. Globally, Hong Kong's Hang Seng fell 0.18 per cent, while Shanghai Composite Index shed 0.73 per cent in early trade today. Japan's Nikkei, however, rose 0.14 per cent. The US Dow Jones Industrial Average had ended 0.34 per cent lower in yesterday's trade.

Sensex falls over 50 points on negative global cues, weak rupee

Benchmark indices BSE Sensex and NSE’s Nifty 50 traded marginally higher in the morning hours on Wednesday following gains in global equities amid easing geopolitical tension.&nbsp

Asian markets opened higher tracking the gains in the US stocks helped by strong corporate earnings.&nbsp

At 09:20 am, the S&P BSE Sensex was trading 32 points higher at 34,426.80 with Adani Ports (up 1 per cent) as the top gainer and M&M (down 1 per cent) the worst laggard.

The broader Nifty50 index of National Stock Exchange (NSE) was trading above the 10,550 level at 10,567, up 18 points.

The broader Nifty50 index of National Stock Exchange (NSE) was trading above the 10,550 level at 10,567, up 18 points.

Benchmark indices BSE Sensex and NSE’s Nifty 50 traded marginally higher in the morning hours on Wednesday following gains in global equities amid easing geopolitical tension. Asian markets opened higher tracking the gains in the US stocks helped by strong corporate earnings. At 09:20 am, the S&P BSE Sensex was trading 32 points higher at 34,426.80 with Adani Ports (up 1 per cent) as the top gainer and M&M (down 1 per cent) the worst laggard. The broader Nifty50 index of National Stock Exchange (NSE) was trading above the 10,550 level at 10,567, up 18 points.

Sensex gains over 50 points; Nifty trades above 10,550

&nbspShares of IT major Infosys rose by over 1 per cent today ahead of its fourth-quarter results to be announced later in the day.

The scrip after making a positive opening further gained 1.35 per cent to Rs 1,177.95 on BSE.

At NSE, shares of the company went up by 1.33 per cent to Rs 1,178.15.

In terms of equity volume, 1.41 lakh shares of the company were traded on BSE, and over 43 lakh shares changed hands at NSE during the morning trade.

At NSE, shares of the company went up by 1.33 per cent to Rs 1,178.15.

&nbspShares of IT major Infosys rose by over 1 per cent today ahead of its fourth-quarter results to be announced later in the day. The scrip after making a positive opening further gained 1.35 per cent to Rs 1,177.95 on BSE. At NSE, shares of the company went up by 1.33 per cent to Rs 1,178.15. In terms of equity volume, 1.41 lakh shares of the company were traded on BSE, and over 43 lakh shares changed hands at NSE during the morning trade.

Ahead of fourth-quarter results, Infosys stocks rise

Benchmark BSE Sensex advanced over 130 points today, continuing its rising streak for the fourth straight day, on firm global leads after Chinese President Xi Jinping's speech eased worries over a trade war.

The 30-share Sensex was trading higher by 130.31 points, or 0.38 per cent, at 33,918.85, with all the sectoral indices rising up to 1.80 per cent.

The gauge had gained 774.47 points in the previous three sessions.

The NSE Nifty breached the 10,400-mark, up 38.80 points, or 0.37 per cent, at 10,418.15.

Meanwhile, domestic institutional investors (DIIs) bought shares worth Rs 359.35 crore yesterday, while foreign portfolio investors (FPIs) remained sellers and offloaded shares worth Rs 1,300.93 crore as per provisional data.

A firm trend in other Asian markets after Chinese President Xi Jinping eased worries over a simmering US trade conflict by promising new measures to open his country's massive economy "wider and wider" boosted investor sentiment here, brokers said.

The rupee's appreciation against the dollar and widening of bets by investors amid optimism ahead of earnings season also supported the uptrend, they said.

Major gainers included Axis Bank, Adani Ports, Tata Steel, L&T, ICICI Bank, Yes Bank, Kotak Bank, TCS, Power Grid, Bajaj Auto, Sun Pharma and Reliance Industries, gaining up to 2.41 per cent.

In the Asian region, Japan's Nikkei gained 1.08 per cent and Shanghai Composite rose 0.75 per cent in early trading today while Hong Kong's Hang Seng was up 0.82 per cent.

The US Dow Jones Industrial Average ended 0.19 per cent higher in yesterday's trade.&nbsp; 
&nbsp;

Benchmark BSE Sensex advanced over 130 points today, continuing its rising streak for the fourth straight day, on firm global leads after Chinese President Xi Jinping's speech eased worries over a trade war

Benchmark BSE Sensex advanced over 130 points today, continuing its rising streak for the fourth straight day, on firm global leads after Chinese President Xi Jinping's speech eased worries over a trade war. The 30-share Sensex was trading higher by 130.31 points, or 0.38 per cent, at 33,918.85, with all the sectoral indices rising up to 1.80 per cent. The gauge had gained 774.47 points in the previous three sessions. The NSE Nifty breached the 10,400-mark, up 38.80 points, or 0.37 per cent, at 10,418.15. Meanwhile, domestic institutional investors (DIIs) bought shares worth Rs 359.35 crore yesterday, while foreign portfolio investors (FPIs) remained sellers and offloaded shares worth Rs 1,300.93 crore as per provisional data. A firm trend in other Asian markets after Chinese President Xi Jinping eased worries over a simmering US trade conflict by promising new measures to open his country's massive economy "wider and wider" boosted investor sentiment here, brokers said. The rupee's appreciation against the dollar and widening of bets by investors amid optimism ahead of earnings season also supported the uptrend, they said. Major gainers included Axis Bank, Adani Ports, Tata Steel, L&T, ICICI Bank, Yes Bank, Kotak Bank, TCS, Power Grid, Bajaj Auto, Sun Pharma and Reliance Industries, gaining up to 2.41 per cent. In the Asian region, Japan's Nikkei gained 1.08 per cent and Shanghai Composite rose 0.75 per cent in early trading today while Hong Kong's Hang Seng was up 0.82 per cent. The US Dow Jones Industrial Average ended 0.19 per cent higher in yesterday's trade.

Sensex rises over 100 points on firm global cues, Nifty tops 10,400

Indian shares ended higher for a fourth straight session on Tuesday, their longest winning streak since late January, buoyed by financials and metals, with sentiment boosted as tensions eased between the world's two biggest economies.

Chinese President Xi Jinping promised to lower import tariffs on products including cars, easing concerns over an escalating US-China trade row.

The Sensex ended 0.27 percent higher at 33,880.25, while the Nifty closed up 0.22 percent at 10,402.25.

Axis Bank Ltd was the top percentage gainer on both indexes, climbing over 5 percent, after the country's third-biggest private-sector bank by assets said on Monday its long-time chief executive, Shikha Sharma, will step down by this year-end.

The Sensex ended 0.27 percent higher at 33,880.25, while the Nifty closed up 0.22 percent at 10,402.25

Indian shares ended higher for a fourth straight session on Tuesday, their longest winning streak since late January, buoyed by financials and metals, with sentiment boosted as tensions eased between the world's two biggest economies. Chinese President Xi Jinping promised to lower import tariffs on products including cars, easing concerns over an escalating US-China trade row. The Sensex ended 0.27 percent higher at 33,880.25, while the Nifty closed up 0.22 percent at 10,402.25. Axis Bank Ltd was the top percentage gainer on both indexes, climbing over 5 percent, after the country's third-biggest private-sector bank by assets said on Monday its long-time chief executive, Shikha Sharma, will step down by this year-end.

Indian shares mark longest winning streak since January

The rupee pared some gains in late morning deals, up 8 paise at 64.89 against the greenback on dollar-selling by bank and exporters amid higher domestic equities.

The rupee opened higher at 64.85 per dollar as against last Friday's close of 64.97 at the inter-bank foreign exchange here.

The domestic unit hovered between a high of 64.85 and a low of 64.98 in morning deals, it was trading higher at 64.89 at 1030 hrs.

Struggling dollar overseas after dismal US jobs data kept the domestic unit higher, a dealer said.

Meanwhile, the US dollar steadied against its peers in early Asian trade, having retreated late last week due to concerns over US-China trade tensions and following data that showed the US economy created the fewest jobs in six months in March.

The 30-share BSE Sensex was trading higher by 161.46 points, or 0.48 per cent, at 33,788.43 at 1040 hrs.&nbsp

The rupee opened higher at 64.85 per dollar as against last Friday's close of 64.97 at the inter-bank foreign exchange here

The rupee pared some gains in late morning deals, up 8 paise at 64.89 against the greenback on dollar-selling by bank and exporters amid higher domestic equities. The rupee opened higher at 64.85 per dollar as against last Friday's close of 64.97 at the inter-bank foreign exchange here. The domestic unit hovered between a high of 64.85 and a low of 64.98 in morning deals, it was trading higher at 64.89 at 1030 hrs. Struggling dollar overseas after dismal US jobs data kept the domestic unit higher, a dealer said. Meanwhile, the US dollar steadied against its peers in early Asian trade, having retreated late last week due to concerns over US-China trade tensions and following data that showed the US economy created the fewest jobs in six months in March. The 30-share BSE Sensex was trading higher by 161.46 points, or 0.48 per cent, at 33,788.43 at 1040 hrs.

Rupee pares some gains, up 8 paise against US dollar

Benchmark Sensex plunged more than 350 points on Wednesday, in line with a weak trend overseas on escalating trade war worries, as participants stayed on the sidelines ahead of RBI's monetary policy announcement.

Sentiment dampened after China today said it was ready to take countermeasures in retaliation against the new round of tariffs imposed by US President Donald Trump.

The escalating Sino-US trade tensions also dragged down global equity markets, with MSCI's broadest index of Asia-Pacific shares outside Japan down 1.31%. US stocks futures and European stocks also extended their fall.

The 30-share Sensex opened positive and advanced to a high of 33,505.53 but succumbed to a sudden sell-off in the afternoon, hitting a low of 32,972.56. It finally ended 351.56 points or 1.05 per cent down at 33,019.07.

This is the benchmark's biggest fall since March 23, when it had lost 409.73 points.

The broader NSE Nifty, after scaling the day's high of 10,279.85, slipped into the negative terrain to 10,111.30 before closing at 10,128.40, down by 116.60 points, or 1.14 per cent.

(With inputs from PTI)

BSE Sensex closed lower by 351.56 points at 33,019.07, while the Nifty 50 fell 116.60 points to close at 10,128.40. Here are the highlights from the markets

Benchmark Sensex plunged more than 350 points on Wednesday, in line with a weak trend overseas on escalating trade war worries, as participants stayed on the sidelines ahead of RBI's monetary policy announcement. Sentiment dampened after China today said it was ready to take countermeasures in retaliation against the new round of tariffs imposed by US President Donald Trump. The escalating Sino-US trade tensions also dragged down global equity markets, with MSCI's broadest index of Asia-Pacific shares outside Japan down 1.31%. US stocks futures and European stocks also extended their fall. The 30-share Sensex opened positive and advanced to a high of 33,505.53 but succumbed to a sudden sell-off in the afternoon, hitting a low of 32,972.56. It finally ended 351.56 points or 1.05 per cent down at 33,019.07. This is the benchmark's biggest fall since March 23, when it had lost 409.73 points. The broader NSE Nifty, after scaling the day's high of 10,279.85, slipped into the negative terrain to 10,111.30 before closing at 10,128.40, down by 116.60 points, or 1.14 per cent. (With inputs from PTI)

Worried by US-China tariff war, Sensex drops 352 points

Benchmark indices BSE Sensex and NSE’s Nifty 50 declined over 1% as trade war fears escalated after China announced 25% tariff on 106 products in 14 categories imported from the US, including soybeans, automobiles and chemicals.

BSE Sensex closed lower by 351.56 points, or 1.05%, to 33,019.07, while the Nifty 50 fell 116.60 points, or 1.14%, to close at 10,128.40.

The escalating Sino-US trade tensions also dragged down global equity markets, with MSCI's broadest index of Asia-Pacific shares outside Japan down 1.31 percent as of 1008 GMT. US stocks futures and European stocks also extended their fall.

Benchmark indices BSE Sensex and NSE’s Nifty 50 declined over 1% as trade war fears escalated after China announced 25% tariff on 106 products in 14 categories imported from the US, including soybeans, automobiles and chemicals. BSE Sensex closed lower by 351.56 points, or 1.05%, to 33,019.07, while the Nifty 50 fell 116.60 points, or 1.14%, to close at 10,128.40. The escalating Sino-US trade tensions also dragged down global equity markets, with MSCI's broadest index of Asia-Pacific shares outside Japan down 1.31 percent as of 1008 GMT. US stocks futures and European stocks also extended their fall.

Sensex drops 352 points over US-China tariff war fears

The NSE Nifty ended higher by 98 points at 10,211.80 on the first trading day of the new financial year led by buying in pharma, auto, IT, Infra, media, realty, metal and energy sectors.

Investors are looking forward to the Reserve Bank of India's first bi-monthly policy decision of FY2018-19 to be held later this week.

However, financial stocks were a laggard through the day, dented by weak sentiment. Nifty PSU Bank ended lower, but Nifty Bank, in the last hour trade, staged a recovery.

Overseas, European financial markets remained closed today in observance of Easter Monday.

Asian shares edged lower amid fears that US President Donald Trump's tariff programmes could set off a trade war.

The Nifty rose by 98.10 points or 0.97 per cent to end at 10,211.80, before moving in a range of 10,220.10 and 10,127.75. It saw an intra-day movement of about 92.35 points.

Sector-wise, pharma climbed by 3.14 per cent, Auto 2.19 per cent, IT 1.56 per cent, infra 1.55 per cent, FMCG 1.43 per cent, Media 1.41 per cent, realty 0.80 per cent, metal 0.77 per cent, energy 0.58 per cent, Finance

Service 0.53 per cent and Bank 0.27 percent. While PSU bank fell by 0.84 per cent.

Major index gainers were Cipla, Lupin, Kotak Bank, Adani Ports, Tata Motors, Baj Finance, Grasim, UPL and Wipro.

The losers included ICICI Bank, IOC, Axis Bank, Coal India, Hindalco, SBIN, BhartiAirtel, BPCL and GAIL.

The market breadth, indicating the overall health of the market was in favour of gainers. On the NSE, 1,493 stocks advanced, 312 declined and 55 remained unchanged. Total securities that have hit their price bands were 339.

Turnover in the cash segment fell to Rs 26,681.61 crore from Rs 43,434.65 crore as on last Wednesday.

A total of 12,461.28 lakh shares changed hands in 1,04,45,493 trades. The market capitalisation of listed firms on NSE stood at Rs 1,42,58,035 crore.&nbsp;

Investors are looking forward to the Reserve Bank of India's first bi-monthly policy decision of FY2018-19 to be held later this week

The NSE Nifty ended higher by 98 points at 10,211.80 on the first trading day of the new financial year led by buying in pharma, auto, IT, Infra, media, realty, metal and energy sectors. Investors are looking forward to the Reserve Bank of India's first bi-monthly policy decision of FY2018-19 to be held later this week. However, financial stocks were a laggard through the day, dented by weak sentiment. Nifty PSU Bank ended lower, but Nifty Bank, in the last hour trade, staged a recovery. Overseas, European financial markets remained closed today in observance of Easter Monday. Asian shares edged lower amid fears that US President Donald Trump's tariff programmes could set off a trade war. The Nifty rose by 98.10 points or 0.97 per cent to end at 10,211.80, before moving in a range of 10,220.10 and 10,127.75. It saw an intra-day movement of about 92.35 points. Sector-wise, pharma climbed by 3.14 per cent, Auto 2.19 per cent, IT 1.56 per cent, infra 1.55 per cent, FMCG 1.43 per cent, Media 1.41 per cent, realty 0.80 per cent, metal 0.77 per cent, energy 0.58 per cent, Finance Service 0.53 per cent and Bank 0.27 percent. While PSU bank fell by 0.84 per cent. Major index gainers were Cipla, Lupin, Kotak Bank, Adani Ports, Tata Motors, Baj Finance, Grasim, UPL and Wipro. The losers included ICICI Bank, IOC, Axis Bank, Coal India, Hindalco, SBIN, BhartiAirtel, BPCL and GAIL. The market breadth, indicating the overall health of the market was in favour of gainers. On the NSE, 1,493 stocks advanced, 312 declined and 55 remained unchanged. Total securities that have hit their price bands were 339. Turnover in the cash segment fell to Rs 26,681.61 crore from Rs 43,434.65 crore as on last Wednesday. A total of 12,461.28 lakh shares changed hands in 1,04,45,493 trades. The market capitalisation of listed firms on NSE stood at Rs 1,42,58,035 crore.

Nifty gains 98 points to end above 10,200 mark

Domestic equities opened on a firm note on the first trading day of the new financial year 2018-19 today, with Sensex reclaiming the 33,000-mark by rising over 100 points amid positive global cues.

The 30-share BSE benchmark, which had lost 205.71 points in the last session of FY18 on Wednesday, rose 133.32 points, or 0.40 per cent, to 33,102.00.

The gains were led by auto, infrastructure, oil & gas, capital goods, healthcare, IT and metal stocks.

Auto stocks such as Tata Motors, Maruti Suzuki, M&M and Bajaj Auto rose up to 2.46 per cent on the back of firm March sales data.

Other gainers include Adani Ports, Dr Reddy's, L&T, RIL, Yes Bank, Tata Steel, Kotak Bank, Infosys, HDFC, ONGC, Sun Pharma, SBI, HDFC Bank and TCS that gained up to 1.51 per cent.

In contrast, ICICI Bank, Coal India, Axis Bank, Asian Paint, Wipro and Hindustan Unilever were trading in the negative zone.

The broad-based NSE Nifty too was trading higher by 64.85 points, or 0.64 per cent, to 10,178.55.

Brokers said the beginning of the new financial year and April F&O series, amid positive Asian cues, boosted investor sentiment here.

In the Asian region, Japan's Nikkei rose 0.50 per cent, while Shanghai Composite Index gained 0.20 per cent in early trade. Markets in Hong Kong are shut today.

The gains were led by auto, infrastructure, oil & gas, capital goods, healthcare, IT and metal stocks

Domestic equities opened on a firm note on the first trading day of the new financial year 2018-19 today, with Sensex reclaiming the 33,000-mark by rising over 100 points amid positive global cues. The 30-share BSE benchmark, which had lost 205.71 points in the last session of FY18 on Wednesday, rose 133.32 points, or 0.40 per cent, to 33,102.00. The gains were led by auto, infrastructure, oil & gas, capital goods, healthcare, IT and metal stocks. Auto stocks such as Tata Motors, Maruti Suzuki, M&M and Bajaj Auto rose up to 2.46 per cent on the back of firm March sales data. Other gainers include Adani Ports, Dr Reddy's, L&T, RIL, Yes Bank, Tata Steel, Kotak Bank, Infosys, HDFC, ONGC, Sun Pharma, SBI, HDFC Bank and TCS that gained up to 1.51 per cent. In contrast, ICICI Bank, Coal India, Axis Bank, Asian Paint, Wipro and Hindustan Unilever were trading in the negative zone. The broad-based NSE Nifty too was trading higher by 64.85 points, or 0.64 per cent, to 10,178.55. Brokers said the beginning of the new financial year and April F&O series, amid positive Asian cues, boosted investor sentiment here. In the Asian region, Japan's Nikkei rose 0.50 per cent, while Shanghai Composite Index gained 0.20 per cent in early trade. Markets in Hong Kong are shut today.

Sensex begins FY19 on a firm note, rises over 100 points

The domestic stock market started the new fiscal on a positive note today, with the flagship Sensex rising about 287 points to end above the key 33,000-level as index heavyweights RIL, Tata Motors and Maruti led the rally.

Similarly, the broader NSE Nifty also managed to close above the 10,200-mark.

The bourses reopened today after a long weekend following holidays for Mahavir Jayanti and Good Friday on last Thursday and Friday, respectively.

Besides, a positive start in the April derivative series boosted investor sentiments as they indulged in creating fresh positions, brokers said.

Sentiments also got a boost after several automakers posted better-than-expected sales data for March month, they said.

However, other Asian markets turned weak after initial firmness due to profit-taking in late trade and any absence of cues from European markets that were closed for Easter.

The Sensex after a gap-up opening to regain the 33,000-mark advanced to hit a high of 33,289.34 before terminating at 33,255.36, showing a hefty gain of 286.68 points, or 0.87 per cent.&nbsp;

The gauge had lost 205.71 points in the last session of FY18 on Wednesday.

The NSE 50-share Nifty also spurted by 98.10 points, or 0.97 per cent, to end at 10,211.80 after moving in a range of 10,220.10 and 10,127.75.

Sensex rises about 287 points, NSE Nifty also managed to close above the 10,200-mark

The domestic stock market started the new fiscal on a positive note today, with the flagship Sensex rising about 287 points to end above the key 33,000-level as index heavyweights RIL, Tata Motors and Maruti led the rally. Similarly, the broader NSE Nifty also managed to close above the 10,200-mark. The bourses reopened today after a long weekend following holidays for Mahavir Jayanti and Good Friday on last Thursday and Friday, respectively. Besides, a positive start in the April derivative series boosted investor sentiments as they indulged in creating fresh positions, brokers said. Sentiments also got a boost after several automakers posted better-than-expected sales data for March month, they said. However, other Asian markets turned weak after initial firmness due to profit-taking in late trade and any absence of cues from European markets that were closed for Easter. The Sensex after a gap-up opening to regain the 33,000-mark advanced to hit a high of 33,289.34 before terminating at 33,255.36, showing a hefty gain of 286.68 points, or 0.87 per cent. The gauge had lost 205.71 points in the last session of FY18 on Wednesday. The NSE 50-share Nifty also spurted by 98.10 points, or 0.97 per cent, to end at 10,211.80 after moving in a range of 10,220.10 and 10,127.75.

Market kicks off new fiscal on high note; auto stocks rally

The market extended losses on the back of weak global cues, with the Sensex falling 200 points.

The Nifty continued to trade below 10,150 ahead of expiry of March futures & options contracts today, falling 60 points.

All sectoral indices were in the red, with the Nifty Metal, PSU Bank falling over a percent.

Investors would stay cautious ahead of the expiry of March derivative series later today. The stock market will stay shut on Thursday and Friday and resume trading next week on Monday.&nbsp

Overseas, MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.4 per cent, with tech-heavy Korean shares falling 1.0 per cent. Japan's Nikkei &nbspfell 2.1 per cent.

On Wall Street, The Dow Jones Industrial Average fell 344.89 points, or 1.43 percent, to 23,857.71, the S&P 500 lost 45.93 points, or 1.73 percent, to 2,612.62 and the Nasdaq Composite dropped 211.74 points, or 2.93 percent, to 7,008.81, making their fourth decline in five sessions.

All sectoral indices were in the red, with the Nifty Metal, PSU Bank falling over a percent.

The market extended losses on the back of weak global cues, with the Sensex falling 200 points. The Nifty continued to trade below 10,150 ahead of expiry of March futures & options contracts today, falling 60 points. All sectoral indices were in the red, with the Nifty Metal, PSU Bank falling over a percent. Investors would stay cautious ahead of the expiry of March derivative series later today. The stock market will stay shut on Thursday and Friday and resume trading next week on Monday. Overseas, MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.4 per cent, with tech-heavy Korean shares falling 1.0 per cent. Japan's Nikkei &nbspfell 2.1 per cent. On Wall Street, The Dow Jones Industrial Average fell 344.89 points, or 1.43 percent, to 23,857.71, the S&P 500 lost 45.93 points, or 1.73 percent, to 2,612.62 and the Nasdaq Composite dropped 211.74 points, or 2.93 percent, to 7,008.81, making their fourth decline in five sessions.

Sensex sheds 212 points; Nifty falls to 10,122

Snapping its two-session rising streak, the benchmark BSE Sensex fell over 150 points in early trade today as investors offloaded positions ahead of March F&O expiry and financial year ending.

A weak trend at other Asian bourses after a sharp fall on Wall Street, driven by technology stocks, also weighed on market sentiment here.

The 30-share index was trading lower by 164.52 points, or 0.49 per cent, to 33,009.87. The gauge had gained 577.85 points in the previous two sessions.

All the sectoral indices, led by metals, PSU, power and banking stocks, were trading in the red, falling up to 1.34 per cent.

The NSE Nifty fell by 59.40 points, or 0.58 per cent, to 10,124.75 in early trade.

Major losers that dragged down key indices were Tata Steel, Adani Ports, SBI, NTPC, Yes Bank, ICICI Bank, Asian Paint, Coal India, ONGC, Power Grid, RIL, HDFC Bank and Infosys, declining up to 2.08 per cent.

Investors are cutting bets on the last trading session of March F&O expiry and the end of the financial year 2017-18, brokers said.

Markets will remain closed on Thursday and Friday on account of Mahavir Jayanti and Good Friday, respectively.

Meanwhile, foreign portfolio investors (FPIs) bought shares worth a net of Rs 1,063.12 crore, while DIIs made purchases to the tune of Rs 2,172.91 crore yesterday, provisional data showed.

Elsewhere in Asia, Hong Kong's Hang Seng shed 1.29 per cent, while Japan's Nikkei was down 1.77 per cent in early trade today. The Shanghai Composite Index too fell 0.76 per cent.

The US Dow Jones Industrial Average ended 1.43 per cent lower yesterday.&nbsp

The 30-share index was trading lower by 164.52 points, or 0.49 per cent, to 33,009.87. The gauge had gained 577.85 points in the previous two sessions.

Snapping its two-session rising streak, the benchmark BSE Sensex fell over 150 points in early trade today as investors offloaded positions ahead of March F&O expiry and financial year ending. A weak trend at other Asian bourses after a sharp fall on Wall Street, driven by technology stocks, also weighed on market sentiment here. The 30-share index was trading lower by 164.52 points, or 0.49 per cent, to 33,009.87. The gauge had gained 577.85 points in the previous two sessions. All the sectoral indices, led by metals, PSU, power and banking stocks, were trading in the red, falling up to 1.34 per cent. The NSE Nifty fell by 59.40 points, or 0.58 per cent, to 10,124.75 in early trade. Major losers that dragged down key indices were Tata Steel, Adani Ports, SBI, NTPC, Yes Bank, ICICI Bank, Asian Paint, Coal India, ONGC, Power Grid, RIL, HDFC Bank and Infosys, declining up to 2.08 per cent. Investors are cutting bets on the last trading session of March F&O expiry and the end of the financial year 2017-18, brokers said. Markets will remain closed on Thursday and Friday on account of Mahavir Jayanti and Good Friday, respectively. Meanwhile, foreign portfolio investors (FPIs) bought shares worth a net of Rs 1,063.12 crore, while DIIs made purchases to the tune of Rs 2,172.91 crore yesterday, provisional data showed. Elsewhere in Asia, Hong Kong's Hang Seng shed 1.29 per cent, while Japan's Nikkei was down 1.77 per cent in early trade today. The Shanghai Composite Index too fell 0.76 per cent. The US Dow Jones Industrial Average ended 1.43 per cent lower yesterday.

Sensex slips over 150 points on F&O expiry, weak global cues

Benchmark indices BSE Sensex and NSE’s Nifty 50 declined on Wednesday, tracking losses in global equities.&nbsp;

Asian stocks posted declines early on Wednesday trade after US stocks fell sharply on the back of losses in technology names.&nbsp;

The Indian rupee was trading marginally higher in opening trade against the US dollar, tracking gains in its Asian peers.&nbsp;

BSE Sensex trades lower by nearly 200 points, while the Nifty 50 trades near 10,100.

Benchmark indices BSE Sensex and NSE’s Nifty 50 declined on Wednesday, tracking losses in global equities. Asian stocks posted declines early on Wednesday trade after US stocks fell sharply on the back of losses in technology names. The Indian rupee was trading marginally higher in opening trade against the US dollar, tracking gains in its Asian peers.

Sensex dives 200 points, Nifty near 10,100

The BSE Sensex slumped 206 points in see-saw trade today to close below the 33,000-mark on the last trading session of 2017-18 but finished the fiscal with a gain of 11.30 per cent.

Besides weak global cues, squaring-up of bets by investors due to end of March month expiry in the derivatives segment halted its two-session winning run, brokers said.

On the macro front, official data showed India's fiscal deficit soared to Rs 7.15 lakh crore at the end of February, exceeding the revised target for the full fiscal.

The broader 50-share index Nifty also ended 70 points lower at 10,113.70.

The flagship Sensex has gained 3,348.18 points, or 11.30 per cent, during 2017-18. The index had gained 16.88 per cent in the previous fiscal.

Investors saw a wealth addition of Rs 20.70 lakh crore during fiscal 2017-18. The market capitalisation of all the firms listed on the BSE reached Rs 142.24 lakh crore, from Rs 121.54 lakh crore as on March 31, 2017.

The broader Nifty closed the fiscal with gains of 939.95 points, or 10.25 per cent. During the previous fiscal, it scored gains of 1,435.55 points, or 18.55 per cent.

For the day, the BSE Sensex snapped its two-session winning streak to end lower by 205.71 points, or 0.62 per cent at 32,968.68. It hovered between 33,104.11 and 32,917.66 during the session.

The gauge had rallied 577.85 points in the past two sessions.

The NSE Nifty too ended the day 70.45 points, or 0.69 per cent lower at 10,113.70 after shuttling between 10,158.35 and 10,096.90.

On a weekly basis, the Sensex rose 372.14 points, or 1.14 per cent, while the Nifty gained 115.65 points, or 1.16 per cent. This was their first gain in five weeks.

Stock exchanges will remain closed on Thursday and Friday on account of 'Mahavir Jayanti' and 'Good Friday', respectively.

"Market slid on the expiry day due to volatility in global market and last leg of redemption ahead of introduction of LTCG. We expect domestic volatility to normalise as declining yield and inflation may provide room for RBI to extend their neutral stance, against rate hike expectation.

"Result season will be next major trigger as earnings growth remain in the initial stage of recovery while investors are focused on the possibility of further upgrade," said Vinod Nair, Head of Research, Geojit Financial Services.

Meanwhile, foreign portfolio investors (FPIs) bought shares worth a net Rs 1,063.12, while the domestic institutional investors (DIIs) made purchases to the tune of Rs 2,172.91 crore yesterday, as per provisional data.

Tata Steel was the day's worst performer in the Sensex pack, plunging 3.25 per cent, followed by Bharti Airtel at 3.05 per cent.

Other losers were Adani Ports, Sun Pharma, Bajaj Auto, ICICI Bank, RIL, Infosys, SBI, Power Grid, Tata Motors, ITC Ltd, ONGC, Dr Reddy's, NTPC, Axis Bank, Asian Paints and HDFC Bank, shedding up to 2.93 per cent.

In contrast, Wipro rose 3.27 per cent, Coal India 2.94 per cent, Hero MotoCorp 2.30 per cent, Kotak Bank 0.55 per cent, Yes Bank 0.49 per cent, IndusInd Bank 0.43 per cent, L&T 0.39 per cent, HDFC Ltd 0.28 per cent, TCS 0.26 per cent, Hindustan Unilever 0.26 per cent and Maruti Suzuki 0.11 per cent.

Sector-wise, BSE telecom fell 2.58 per cent, metal 2.04 per cent, healthcare 1.14 per cent, realty 1.07 per cent, power 1.05 per cent, infrastructure 0.99 per cent, teck 0.67 per cent, banking 0.65 per cent, PSU 0.50 per cent, FMCG 0.37 per cent and IT 0.31 per cent.

However, consumer durables rose 0.24 per cent and oil and gas 0.06 per cent.

The broader market sentiment too remained bearish, with the small-cap and mid-cap indices falling 0.92 per cent and 0.53 per cent, respectively.

Overseas, Asian markets closed lower after a sharp fall on Wall Street, driven by technology stocks.

Hong Kong ended 2.50 per cent down, Japan's Nikkei shed 1.34 per cent, while China's Shanghai Composite Index lost 1.40 per cent.

European stocks too were down in their initial deals. Paris's CAC declined by 1.33 per cent, Frankfurt's DAX fell 1.43 per cent and London's FTSE shed 0.98 per cent.&nbsp

On the macro front, official data showed India's fiscal deficit soared to Rs 7.15 lakh crore at the end of February, exceeding the revised target for the full fiscal.

The BSE Sensex slumped 206 points in see-saw trade today to close below the 33,000-mark on the last trading session of 2017-18 but finished the fiscal with a gain of 11.30 per cent. Besides weak global cues, squaring-up of bets by investors due to end of March month expiry in the derivatives segment halted its two-session winning run, brokers said. On the macro front, official data showed India's fiscal deficit soared to Rs 7.15 lakh crore at the end of February, exceeding the revised target for the full fiscal. The broader 50-share index Nifty also ended 70 points lower at 10,113.70. The flagship Sensex has gained 3,348.18 points, or 11.30 per cent, during 2017-18. The index had gained 16.88 per cent in the previous fiscal. Investors saw a wealth addition of Rs 20.70 lakh crore during fiscal 2017-18. The market capitalisation of all the firms listed on the BSE reached Rs 142.24 lakh crore, from Rs 121.54 lakh crore as on March 31, 2017. The broader Nifty closed the fiscal with gains of 939.95 points, or 10.25 per cent. During the previous fiscal, it scored gains of 1,435.55 points, or 18.55 per cent. For the day, the BSE Sensex snapped its two-session winning streak to end lower by 205.71 points, or 0.62 per cent at 32,968.68. It hovered between 33,104.11 and 32,917.66 during the session. The gauge had rallied 577.85 points in the past two sessions. The NSE Nifty too ended the day 70.45 points, or 0.69 per cent lower at 10,113.70 after shuttling between 10,158.35 and 10,096.90. On a weekly basis, the Sensex rose 372.14 points, or 1.14 per cent, while the Nifty gained 115.65 points, or 1.16 per cent. This was their first gain in five weeks. Stock exchanges will remain closed on Thursday and Friday on account of 'Mahavir Jayanti' and 'Good Friday', respectively. "Market slid on the expiry day due to volatility in global market and last leg of redemption ahead of introduction of LTCG. We expect domestic volatility to normalise as declining yield and inflation may provide room for RBI to extend their neutral stance, against rate hike expectation. "Result season will be next major trigger as earnings growth remain in the initial stage of recovery while investors are focused on the possibility of further upgrade," said Vinod Nair, Head of Research, Geojit Financial Services. Meanwhile, foreign portfolio investors (FPIs) bought shares worth a net Rs 1,063.12, while the domestic institutional investors (DIIs) made purchases to the tune of Rs 2,172.91 crore yesterday, as per provisional data. Tata Steel was the day's worst performer in the Sensex pack, plunging 3.25 per cent, followed by Bharti Airtel at 3.05 per cent. Other losers were Adani Ports, Sun Pharma, Bajaj Auto, ICICI Bank, RIL, Infosys, SBI, Power Grid, Tata Motors, ITC Ltd, ONGC, Dr Reddy's, NTPC, Axis Bank, Asian Paints and HDFC Bank, shedding up to 2.93 per cent. In contrast, Wipro rose 3.27 per cent, Coal India 2.94 per cent, Hero MotoCorp 2.30 per cent, Kotak Bank 0.55 per cent, Yes Bank 0.49 per cent, IndusInd Bank 0.43 per cent, L&T 0.39 per cent, HDFC Ltd 0.28 per cent, TCS 0.26 per cent, Hindustan Unilever 0.26 per cent and Maruti Suzuki 0.11 per cent. Sector-wise, BSE telecom fell 2.58 per cent, metal 2.04 per cent, healthcare 1.14 per cent, realty 1.07 per cent, power 1.05 per cent, infrastructure 0.99 per cent, teck 0.67 per cent, banking 0.65 per cent, PSU 0.50 per cent, FMCG 0.37 per cent and IT 0.31 per cent. However, consumer durables rose 0.24 per cent and oil and gas 0.06 per cent. The broader market sentiment too remained bearish, with the small-cap and mid-cap indices falling 0.92 per cent and 0.53 per cent, respectively. Overseas, Asian markets closed lower after a sharp fall on Wall Street, driven by technology stocks. Hong Kong ended 2.50 per cent down, Japan's Nikkei shed 1.34 per cent, while China's Shanghai Composite Index lost 1.40 per cent. European stocks too were down in their initial deals. Paris's CAC declined by 1.33 per cent, Frankfurt's DAX fell 1.43 per cent and London's FTSE shed 0.98 per cent.

Sensex ends FY18 with 11.30% gain; investors richer by Rs 20.70 lakh crore

Benchmark indices BSE Sensex and NSE’s Nifty 50 trade little changed on Monday following losses in global equity markets.&nbsp;

Among sectoral indices, the Nifty PSU Bank index was trading nearly 1% higher led by a rise in the shares of State Bank of India, Punjab National Bank and Bank of Baroda.

The Street has been volatile in the last couple of weeks with US and China turning the heat on the possibility of a trade war.&nbsp;

The US's hike on import tariffs on steel and aluminium resulted in major metal stocks like Tata Steel bleeding heavily.&nbsp;

On Monday however, the Nifty Metal sub-index was trading 0.30 per cent in the green at 9.25 am. State-run banks, the other volatile sector too was holding up.

The Street has been volatile in the last couple of weeks with US and China turning the heat on the possibility of a trade war.

Benchmark indices BSE Sensex and NSE’s Nifty 50 trade little changed on Monday following losses in global equity markets. Among sectoral indices, the Nifty PSU Bank index was trading nearly 1% higher led by a rise in the shares of State Bank of India, Punjab National Bank and Bank of Baroda. The Street has been volatile in the last couple of weeks with US and China turning the heat on the possibility of a trade war. The US's hike on import tariffs on steel and aluminium resulted in major metal stocks like Tata Steel bleeding heavily. On Monday however, the Nifty Metal sub-index was trading 0.30 per cent in the green at 9.25 am. State-run banks, the other volatile sector too was holding up.

Indices trade flat, Nifty below 10,000 mark

The rupee strengthened by 10 paise to 64.91 against the US dollar at the interbank forex market today on sustained selling of the greenback by exporters and banks amid foreign capital inflows.

Dealers said dollar's weakness against a basket of currencies supported the domestic unit.

On Friday, the rupee had gained 10 paise to end at 65.01 against the US currency which suffered losses in global markets on intensifying trade war worries.

Meanwhile, the benchmark BSE Sensex fall by 60.10 points, or 0.18 per cent, to 32,536.44 in opening trade today.

According to the provisional exchange data, foreign investors bought shares worth Rs 1,628.19 crore on a net basis on Friday.

Dealers said dollar's weakness against a basket of currencies supported the domestic unit

The rupee strengthened by 10 paise to 64.91 against the US dollar at the interbank forex market today on sustained selling of the greenback by exporters and banks amid foreign capital inflows. Dealers said dollar's weakness against a basket of currencies supported the domestic unit. On Friday, the rupee had gained 10 paise to end at 65.01 against the US currency which suffered losses in global markets on intensifying trade war worries. Meanwhile, the benchmark BSE Sensex fall by 60.10 points, or 0.18 per cent, to 32,536.44 in opening trade today. According to the provisional exchange data, foreign investors bought shares worth Rs 1,628.19 crore on a net basis on Friday.

Rupee rises 10 paise against dollar in opening trade

The benchmark BSE Sensex extended volatility for the third straight day by shedding over 60 points in early trade today on selling by domestic institutional investors amid weakness in Asian markets on trade war concerns.

Selling pressure on IT, Teck and oil & gas stocks, too, weighed on market sentiment.

The 30-share index slipped 60.10 points, or 0.18 per cent, to 32,536.44. The benchmark had lost 539.64 points in the previous two sessions.

Major laggards were Hero MotoCorp, Wipro, ITC, TCS, Bharti Airtel, Infosys, Dr Reddy's, Kotak Bank, HDFC and Bajaj Auto, falling by up to 2 per cent.

NSE Nifty was trading down by 14.35 points, or 0.14 per cent, at 9,983.70.

Meanwhile, on a net basis, domestic institutional investors (DIIs) sold shares worth Rs 935.41 crore, while foreign portfolio investors (FPIs) bought shares of Rs 1628.19 crore yesterday.

Asian markets were trading lower following a global sell-off last week amid rising tensions between the US and China.

Fears of a full-blown trade war dampened investor sentiment here, broker said.

Japan's Nikkei shed 0.40 per cent, while Hong Kong's Hang Seng down 0.44 per cent. Shanghai Composite Index shed 1.32 per cent in early trade.

The US Dow Jones Industrial Average also ended 1.77 per cent lower Friday.

Selling pressure on IT, Teck and oil & gas stocks, too, weighed on market sentiment.

The benchmark BSE Sensex extended volatility for the third straight day by shedding over 60 points in early trade today on selling by domestic institutional investors amid weakness in Asian markets on trade war concerns. Selling pressure on IT, Teck and oil & gas stocks, too, weighed on market sentiment. The 30-share index slipped 60.10 points, or 0.18 per cent, to 32,536.44. The benchmark had lost 539.64 points in the previous two sessions. Major laggards were Hero MotoCorp, Wipro, ITC, TCS, Bharti Airtel, Infosys, Dr Reddy's, Kotak Bank, HDFC and Bajaj Auto, falling by up to 2 per cent. NSE Nifty was trading down by 14.35 points, or 0.14 per cent, at 9,983.70. Meanwhile, on a net basis, domestic institutional investors (DIIs) sold shares worth Rs 935.41 crore, while foreign portfolio investors (FPIs) bought shares of Rs 1628.19 crore yesterday. Asian markets were trading lower following a global sell-off last week amid rising tensions between the US and China. Fears of a full-blown trade war dampened investor sentiment here, broker said. Japan's Nikkei shed 0.40 per cent, while Hong Kong's Hang Seng down 0.44 per cent. Shanghai Composite Index shed 1.32 per cent in early trade. The US Dow Jones Industrial Average also ended 1.77 per cent lower Friday.

Sensex, Nifty turn choppy on weak global cues

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